Short Interest in SPDR MSCI Emerging Markets StrategicFactors ETF (NYSEARCA:QEMM) Declines By 20.2%

SPDR MSCI Emerging Markets StrategicFactors ETF (NYSEARCA:QEMM) saw a large drop in short interest in January. As of January 30th, there was short interest totaling 10,096 shares, a drop of 20.2% from the January 15th total of 12,656 shares. Approximately 1.6% of the shares of the company are short sold. Based on an average trading volume of 1,783 shares, the days-to-cover ratio is currently 5.7 days. Based on an average trading volume of 1,783 shares, the days-to-cover ratio is currently 5.7 days. Approximately 1.6% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of QEMM. Raymond James Financial Inc. acquired a new position in shares of SPDR MSCI Emerging Markets StrategicFactors ETF during the 2nd quarter worth about $28,000. O Shaughnessy Asset Management LLC increased its position in SPDR MSCI Emerging Markets StrategicFactors ETF by 37.2% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 2,224 shares of the company’s stock worth $147,000 after buying an additional 603 shares during the period. Portland Financial Advisors Inc acquired a new position in shares of SPDR MSCI Emerging Markets StrategicFactors ETF during the third quarter worth approximately $201,000. Sentinel Pension Advisors LLC bought a new stake in shares of SPDR MSCI Emerging Markets StrategicFactors ETF in the third quarter valued at approximately $204,000. Finally, Susquehanna International Group LLP bought a new stake in shares of SPDR MSCI Emerging Markets StrategicFactors ETF in the third quarter valued at approximately $242,000.

SPDR MSCI Emerging Markets StrategicFactors ETF Stock Performance

Shares of NYSEARCA QEMM traded up $0.10 during midday trading on Tuesday, hitting $72.55. The company’s stock had a trading volume of 1,943 shares, compared to its average volume of 2,975. The firm’s fifty day moving average price is $68.63 and its 200-day moving average price is $66.99. SPDR MSCI Emerging Markets StrategicFactors ETF has a 1-year low of $51.72 and a 1-year high of $73.89. The firm has a market cap of $44.98 million, a P/E ratio of 14.30 and a beta of 0.57.

About SPDR MSCI Emerging Markets StrategicFactors ETF

The SPDR MSCI Emerging Markets StrategicFactors ETF (QEMM) is an exchange-traded fund that is based on the MSCI EM Factor Mix A-Series (USD) index. The fund tracks an index of emerging-market securities equally-weighted between 3 sub-indexes that focus on value, minimum volatility and quality. QEMM was launched on Jun 4, 2014 and is managed by State Street.